60's speak from the Fed lady Lael Brainard, a member of the Board of Governors since June last year

  • mon pol very dependent on incoming data
  • haven't seen the kind of wage growth we expected
  • some aspects of US outlook that are encouraging
  • some slack but we made progress
  • improvement in labour market extremely steady
  • core inflation somewhat below target but expectations are re-assuring

Expectations ? Another central banker sticking a wet finger in the air